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Some Scrappers Worth More Than Government Allowance

Fri, 29 May 2009
Before you commit to a scrappage deal, make sure your old car isn't actually worth more than the government is giving you to scrap it.

The trade is concerned that a number of elderly people are taking the government £1,000 scrappage allowance, plus £1,000 from the manufacturer for a perfectly sound, sometimes modest mileage old car that not only has a lot of life left in it, but is also worth more than scrappage is bringing them.

Many of these cars would fetch £1,250 or more from the trade and would actually sell privately for £2,000 plus.

If the owner had sold for, say, £1,500, he would be £500 better off than the £1,000 government scrappage allowance and would then be free to negotiate a discount with the dealer that could amount to far more than the standard manufacturer contributions.

He might even find his old car is worth £2,500, leaving him £1,500 better off before buying a new car at a discount.

So think before you scrap.

Particularly if your old car is a sportscar, any prestige brand, or any immaculate old car.


No hassle avenues for selling an old car include:-

Auction route: www.sure-sell.info

Trade buyer router: www.webuyanycar.com


No hassle brokers for buying a new car at a discount include www.drivethedeal.com

Supersites offering new, pre-registered and nearly-new cars include www.motorpoint.co.uk

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